India, March 7 -- Adding to the gains in the previous two sessions, the Australian stock market is significantly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is moving above the 7,800 level to all-time record highs, with gains across most sectors led by financial and technology stocks.

The benchmark S&P/ASX 200 Index is gaining 68.20 points or 0.88 percent to 7,831.90, after touching a all-time record high of 7,836.70 earlier. The broader All Ordinaries Index is up 66.80 points or 0.83 percent to 8,093.50. Australian markets ended modestly higher on Thursday.

Among major miners, BHP Group and Fortescue Metals are edging down 0.1 to 0.5 percent each, while Rio Tinto and Mine...